25.05.2017 – Movers and Shakers by Dukascopy
May 25, 2017 3:53 pmVideo
Latest News
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US stock indexes have opened sharply higher, so let’s find out what’s the mood on the FX Markets.
The day’s top move is a decline of point 46% and it’s posted by Australia/Swissie. The pair moved South up to approximately 8:30 AM and it has been flat afterwards.
Swissie tops the table and it’s mostly likely not really connected to the fact that it’s the 40th day after Easter, thus markets are closed in Switzerland for Ascension Day.
New Zealand annual budget was released earlier and Kiwi Dollar stood above the 70 US cent level.
US stocks are hitting record highs and Greenback is having a bullish day ahead of tomorrow’s Preliminary GDP release.
Canadian Dollar is just slightly up from the Euro.
It’s a bank Holiday in Germany and France as well and Single currency is point 13% up from the Japanese Yen, which is almost level with the Sterling.
Second estimate of the UK GDP was a disappointment and it dragged the Sterling lower.
Ozzy Dollar wraps up the advancers and decliners table.
New Zealand/Yen has had a bullish run over past week and it’s the top gainer with a rise of 2.56%. Sterling/New Zealand has depreciated the most, standing 2.26% in the red.
Euro/Australia leads the monthly bulls chart with a rise of 3.46%. Australia/Swissie is on top of the bearish section with a slide of close to 3%.
I’m Kiays Khalil and that’s all for Thursday’s Movers and Shakers, but do click back for this week’s last report. Goodbye.
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